Shandong Oriental Ocean Sci-Tech Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 594.8 million compared to CNY 359.21 million a year ago. Revenue was CNY 629.3 million compared to CNY 388.97 million a year ago.

Net loss was CNY 1,584.91 million compared to CNY 1,003.36 million a year ago. Basic loss per share from continuing operations was CNY 2.1 compared to CNY 1.33 a year ago. Diluted loss per share from continuing operations was CNY 2.1 compared to CNY 1.33 a year ago.